EU agrees shake-up of e-trade sales tax
An European flag flutters inside the European Union Headquarters in Brussels. EU finance ministers ended on Tuesday five years of deadlock over a shake-up of value added tax (VAT) on electronic commerce after overcoming deep opposition from Luxembourg.
EU finance ministers agree on VAT reform
The European Union (EU) finance ministers reached a compromised deal on Tuesday to reform the 27-nation bloc’s value-added tax (VAT) rules. “Today we have reached an agreement on the VAT package, which means we have been able to int …
Chinese entrepreneurship, education, travel, management, finance revolution:
Is China’s economy and development sustainable? What is behind rising China? Are the Chinese going to dominate world finance, trade, outsourcing, commerce, technology, investment, labor, politics in this century? Talk to leading thinker George Zhibin Gu.
Budget reaction: American Chamber
The American Chamber of Commerce in Ireland has welcomed improvements to the existing R and D tax credit system announced by the Minister for Finance.
Read More at Ireland Business World…
EU agrees to overhaul taxation of e-services
The European Union agreed to the sweeping changes after Luxembourg finally agreed to a deal to end the perks enjoyed by its e-commerce industry – but not until 2015.
Read More at International Herald Tribune…
Lon Morris Announces Two New Trustees
JACKSONVILLE – Lon Morris College board members welcomed two new trustees to their ranks on Monday. Frank Ashcroft will serve on the Endowment Committee, and Greg James will serve on the Finance Committee.
Read More at Tyler Morning Telegraph…
India may keep income tax rates moderate-official
NEW DELHI, Dec 6 – India is likely to keep income tax rates moderate to boost revenues but may tighten scrutiny to prevent evasion, a finance ministry official said on Thursday.
Read More at Reuters via Yahoo! Malaysia News…
Black Friday, the purported biggest shopping day of the year, now has an online companion – Cyber Monday. The Monday after Thanksgiving has, in recent years, been dubbed by that name due to the large amount of people going online to find great deals, just like they do when they get up at 4 am to find deals at the mall.
The Holiday shopping season always increases the amount consumers spend on others and themselves. In the age of the internet it is no surprise that this has moved online. e-commerce sites like Amazon and eBay are bombarded by visitors; the influx of spending even spills over into online investing with online brokers and stock picking services like Gorilla Trades. Hopefully continued consumer spending can help boost the overall economy at least a little bit.
Malaysia-Singapore Relations Progressing Well – Ng Yen Yen
SINGAPORE, Dec 4 (Bernama) — Malaysia’s relations with Singapore have progressed well since Datuk Seri Abdullah Ahmad Badawi took office as Prime Minister about four years ago, Malaysian Deputy Finance Minister Datuk Dr Ng Yen Yen said today.
Read More at Malaysian National News Agency …
The Legislative Committee on Finance, Taxation, Commerce and Economic Development met yesterday to get answers from the parties missing during last week’s public hearing on bill 183, a measure that would issue a promissory note for the payment of past-due streetlight bills.
Read More at Pacific Daily News…
